Fabege: KPMG Relocates Parts of Its Operations to Arenastaden

Regulatory News:

Demand for office premises in Arenastaden still remains healthy. KPMG has signed a 7-year lease for 4,400 sqm of office, storage and garage space at a combined annual rent value of approximately SEK 12.5m. Occupancy will occur on 1 July 2016.

The relocation will affect part of the KPMG workforce that currently work in inner-city and north of Stockholm. The new address is Evenemangsgatan 17 and the other tenants that have already signed leases for the same building (Uarda 7) include Svenska Spel, Sodexo and Handelsbanken. KPMG’s lease will be a Green Lease, which entails that both parties will aim to identify operating solutions that are resource-efficient and environmentally smart, at the same time as the building will be environmentally certified according to BREEAM Very Good.

"We are proud that the stream of tenants to Arenastaden continues to flow and we look forward to welcoming the KPMG employees to us next summer. Strong brands such as KPMG will further strengthen the attractiveness of the area,” says Klaus Hansen-Vikström, Deputy CEO och Director of Business Development Fabege.

Fabege AB (publ)

Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. The carrying amount of the company’s property portfolio is approximately SEK 33.8bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.2bn and a lettable area of 1 million sqm. Fabege’s shares are listed on Nasdaq Stockholm, Large Cap segment.

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 07:50 am CET on 3 June 2015.

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